A deal to this effect was singed in Lien Ha
commune on August 22 between local farmers and representatives of the bank, the
district’s Lan Tranh Forest Management Board and the Him Lam Macadamia Company.

The Lan Tranh Forest Management Board and the
Lien Ha commune People’s Committee will support, monitor the use of the loans
and debt collection, while the Him Lam Company will be responsible for the
quality of macadamias and consumption.

During the signing ceremony, six farmers from
Tan Thanh commune signed contracts with LienVietPostBank. They will be provided
with macadamia seedlings by the end of August.

According to the Lam Ha district People’s
Committee, the locality plans to plant 1,000 hectares of forests in 2017,
including 300 hectares of macadamia.

According to the provincial Department of
Agriculture and Rural Development, about 3,500 – 4,000 hectares of macadamia
will be planted from 2016 – 2020 in the districts of Lam Ha, Bao Lam, Duc
Trong. Dam Rong and Bao Loc.

By 2030, the province aims to have 12,000 –
15,000 hectares of macadamia, producing 8,000 tonnes of macadamia nuts per
year.-VNA